Real Estate

May

The real estate sector of Hyderabad is rapidly growing. With a multitude of opportunities in the city, a large number of people are moving and buying homes in the emerging metropolitan. This has led to the rise of a large number of residential projects, and given the housing market a boost. Also, there is an increased demand of luxury villas in Hyderabad.

With an increasing demand for luxury, Modi Builders are amongst the topmost developers in Hyderabad providing new-age dwellers what they need. State-of-the-art projects with innovative features, amenities and specifications are what we aim to deliver. Keeping a check on the rising demand for luxury, here is a list of luxury villas in Hyderabad by Modi Builders.

Top 3 Luxury Villas in Hyderabad by Modi Builders

Located in Gundla Pochampally near Kompally, Sterling Homes is one of the latest gated communities. The project houses residential villas and apartments, and is fully developed with several amenities. It is a project approved by Hyderabad Metropolitan Development Authority (HMDA) and is also designed as per Vaastu.

With over 350 villas, fully-equipped clubhouse, swimming pool, gymnasium, children’s play area and several other facilities, Golden County by Modi Builders is spread in an area of about 30 acres. It is located at Rampally near the Infosys Campus. Other landmarks in close proximity are Singapore Township and Raheja Mindspace IT Park Phase-I houses 131 villas.

Located near Shamirpet, an upcoming residential area, Harmony Homes has 68 luxurious villas with multiple amenities. One of the best luxury villas in Hyderabad, it is in close proximity to Shamirpet Lake. IKP Knowledge Park, Biotech Park, Genpact SEZ and BITS Pilani Campus are some other famous places located nearby.

With an eye for luxury, Rock Heights, Golden Meadows, Elegance and Serene Park are some of the other luxury villa projects in Hyderabad by Modi Builders.

29

Mar

The real estate sector has been facing numerous challenges when it comes to timely delivery of projects. Incomplete projects, increased construction costs, regulatory issues, demonetization and various other factors make it difficult for people to receive possession on time.

The Centre has issued new policies to curb this problem. With the coming of Real Estate Regulatory Authority (RERA)Act, Real Estate Investment Trust (REIT) and other policies, the face of real estate is changing. RERA was implemented to protect home-buyers, and also increase investments in the real estate sector. It will not only create adequate affordable housing in various cities such as Hyderabad, Mumbai, Delhi, etc., but will also attract fast growth in real estate markets.

Providing a win-win situation for developers and buyers alike, RERA is an effective tool. It will be beneficial to both developers and consumers. While the former will enjoy the confidence of consumers, the latter will benefit from the necessary transparency and on-time delivery of projects.

With the coming up of these policies, real estate developers like Modi Builders, Ashoka Developers and Builders Ltd, Prestige Group among others, have started implementing them. This has not only created a positive image, but has also helped the builders in increasing the much-needed consumer base.

Aligning with the consumers’ interest, RERA has made the policies for launching a new project very strict. Participation of the Supreme Court has brought the necessary changes. Claims like ‘project delivery in 3 years’ are now considered bogus because it takes around 5 – 6 years to complete one project.

Talking about major real estate hubs in India, Delhi has been witnessing a lot of real estate development. There are various projects that are lined up, and are awaiting final delivery. Similar is the case with other hubs, such as Mumbai, and Hyderabad. RERA has made it mandatory for builders to deliver existing projects before coming up with schemes to launch new ones.

Considering Hyderabad in particular, the net commercial space was around 32 million square feet last year. With consistent growth, the space will rise to around 600 million square feet by 2019. There has been an upsurge in the number of queries from buyers, particularly in Hyderabad. With millennials taking interest in property, the trend is predicted to continue. Residential developers like Modi Builders are taking the real estate sector to a new level with their close following of RERA and the commitment to deliver projects on time.

As a result of changes in policy, the growth of investment and residential market in India is expected to be steady in 2018. Among other cities, Hyderabad is also on the path to becoming one of the most coveted cities in housing markets. Realty experts from Modi Builders foresee an aggressive positive change in the market with the coming of RERA and other policies.

19

Mar

The impact of aggressive policy changes in 2016-17, may portray an image of a sluggish real estate market in India. However, the fact is that market, at the micro level, has been up and running. Investors can expect good returns in metro cities, as they are offering reasonable property prices.

With the introduction of Real Estate Regulation Act (RERA), developers are in an urgency of completing their ongoing projects. Owing to these policy changes, Indian home buyers are also exercising due diligence while taking decisions. They now spend ample time doing in-depth research of the property they are investing in.

The micro market of Hyderabad could offer value to the home buyers. On its revival path, the city has displayed a positive price growth in the recent years. It is reinstating the popularity as one of the prominent locations for real estate in the country. For the third time in a row, it was also ranked as the top Indian city by the Mercer’s Quality of Living rankings 2017.

Several leading developers of Hyderabad, including Prestige Group, Modi Builders Group, Ashoka Developers and Builders Ltd and Dream India Group, among others, are shifting their focus from premium houses to the affordable and mid-priced properties.

Apart from the government policies, the political stability has also played an important role in lifting up the realty market of Hyderabad. After the Telangana state got separated from Andhra Pradesh, the political drift has also contributed towards the revival of the city’s economic conditions.

The demand for both residential and commercial sector has been witnessing a surge. Reports show that several IT and warehousing companies are creating office spaces in Hyderabad. Besides, with the return of IT companies in the city, residential demands, in proximity to the IT hubs, are picking up.

Different locations of the city are becoming preferable among the homebuyers for varied reasons. While South-Hyderabad is considered as one of the best options due to its affordability, areas in the West-Hyderabad are preferred for their proximity to Hitech City and Gachibowli.

An expert from Dream India Group considers locations like Srisailam Highway, Balapur, Adibatla, and Shamshabad, as lucrative investment options in South-Hyderabad for their affordable land parcels.

Another expert from Modi Builders Group is of the opinion that destinations like Kukatpally, Nanakramguda in Financial District, Madhapur, and Kondapur, among others, have the potential to witness strong residential sales drive. These locations make the best option for employees seeking houses in the vicinity of hubs like Hitech City and Gachibowli. Developers are aiming to provide quality features and amenities in the dwellings of these areas.

Hyderabad has been regarded as one of the best cities of India to live in. Over the last couple of years, it has been one of the few cities to display sustained growth in housing sales and new launches. The establishment of metro in the city has further enhanced it as an attractive real estate destination.

With its enormous talent pool, exceptional infrastructure, and growing robustness in its realty markets, Hyderabad is all set to make an evident mark on the Indian real estate sector.

Mar

Popular for its affordability, Hyderabad is the most lucrative option for realty investments in India. The city is known for offering exclusive experience to the dwellers at affordable prices.

Endeavoring to meet such demands of the property buyers, Hyderabad-based developers are constantly launching projects with state-of-the-art amenities. The idea is to enhance the living standards of the people. Realtors in the city, such as Ashoka Developers and Builders Ltd, Modi Builders Group, and Ramky Group among others, are building apartments, with amenities that tick almost all the features required to build luxury houses.

As developers are striving towards meeting the needs of buyers in Hyderabad, they are also looking for ample of amenities, even in standard properties. Both the demand and supply from the developers have made it quite challenging to differentiate standard property from the luxury homes.

Industry experts at Modi Builders Group defined luxury homes as the ones that are located in the most prominent locations and comprise of high-class amenities.

Another expert from Ramky Group is of the opinion that each section in luxury homes is well-defined, with best-in-class interiors. Moreover, these houses feature several recreational facilities, including play areas, fitness centres, swimming pools, playgrounds, along with others.

Factors That Define The Luxury Homes of Hyderabad

Luxury properties are primarily identified through their geographical locations and cultural surroundings.

These houses are established in close proximity to major physical and social infrastructure, such as hospitals, educational institutions, shopping malls, commercial hubs, along with accessibility to the public transportation services.

Residents of luxury homes delight in the tranquility, along with the top-notch amenities, such as large floor spaces, modular kitchens, bathrooms with high-end fixtures, state-of-the-art technologies, etc.

These properties consist of several recreational facilities, gymnasium and other outdoor activities.

Certain premium homes also embrace eco-friendly features like green building materials and pre-cast technology.

An expert at Ashoka Developers and Builders Ltd highlighted that buyers should consider the availability social infrastructure in vicinity. Locations in close proximity to wide internal roads, ring roads, and service roads, must be considered while opting for luxury houses.

According to the experts at Modi Builders Group, Banjara Hills, Jubilee Hills, Hitech City, Begumpet, Kondapur, Gachibowli, Somajiguda and Nanakramguda are the most prominent localities in Hyderabad, due to the social infrastructure and transportation facilities. These developers themselves have been setting up several ventures in these prime locations.

Luxury Homes in Hyderabad | Modi Builders

While buying premium homes, considering the luxury aspect is necessary. However, buyers should conduct a thorough research about the developer of the property they are investing in. Moreover, technology and the architecture play a vital role while judging the finest house.

Luxury homes are essentially defined by some unique elements that facilitate a premium lifestyle experience. Along with such features, buyers must focus on well-constructed apartments that provide eco-friendly features.

28

Feb

Moving in a new house or investing in property is a big thing to do as it entails a lot of ‘ifs and buts’. If you are planning to buy flats for sale in Hyderabad, Modi Builders is surely the developers to contact. The builder has a home portfolio, consisting of houses, which are designed to satisfy your dreams of owning a beautiful abode. Their Lotus Homes is a perfect blend of charisma and comfort, at affordable prices.

Modi Builders highlights thoughts, which are mostly culled from discussions with their buyers, data analytics and personal observations, with a prominence on investment value and some expectation of future trends:

Location

Because buyers are looking long-term, the flight to quality has never been so active. Buying the best location you can afford will never go out of style. Being in a great school district is smart, even if you don’t have kids.

Security

Every homebuyer looks for the security factor while thinking about the location before buying a house. People nowadays have concerns about their security, and the safety scenario might get shoddier in the future. So, the purchase you make should be a wise one. Buy flats that have gated security, and the neighboring properties do not hurt.

Privacy

Privacy is a factor that nobody compromises on. For that, there should be no looking in, especially, not from above by the neighbors. Up-slopes are good enough only if there is sufficient space of flat area, and the home on the upper level are built back, so you don’t glimpse their life much.

Multi-Story

As per the demand statistics, people usually seek home in a multi story building as they feel more connected and secured in that environment. People, who live in a single-story flat, later run into snag with no neighbors, know that you can always seek help of a neighbor when in need.

Spacious Floor Plan

People usually look for houses that feature big, ventilated rooms that le the air flow. The room that has enough leg space can be added to an open checkbook for the home buyers.

Modi Builders offers well-appointed housing options to their buyers and their flats for sale in Hyderabad have been constructed on the bricks of high quality and trust.

19

Feb

A lot of consumers get attracted to the real estate market due to the quantum of investments involved in it. Modi Builders, a leading construction firm of Hyderabad, understands the amount of research required on market statistics, mortgage rates, neighborhood information, etc., while buying a house.

The internet provides enormous information that the potential consumers look out for. No matter how deep the research is, there are always certain things that one might not know to make a wise decision for real estate.

Real Estate sector is intricate yet intriguing. It involves a number of details that are to be dealt with while buying or selling a house. Despite the complications and in-depth research that it requires, investments in the sector remain substantial.

The Indian Real estate sector is the second largest employer and contributes 5-6 per cent of the country’s Gross Domestic Product (GDP).

Experts at Modi Builders are well-aware about the sector and its requirements. They have listed some interesting real estate facts that most of us don’t know.

Five Interesting Real Estate Facts

1. Own a home and build wealth:

Owning a house is considered a big asset in India. People entering the real estate market as house owners gradually build wealth. Statistics show that at an average net worth of homeowner is 40 times more than that of the renters.

2. Taxes saved as property owned:

Giving a chunk of income in taxes can be irksome for many. However, real estate gives an opportunity to reduce the burden via certain tax deductions. In India, these include – deductions on home loan interest, on principal repayment as well as on stamp duty and registration charges. First-time homeowners in India can claim tax deductions of up to Rs 1 lakh, under the Section 80EE.

3. Expert advice for better decisions:

Entering the complex real estate market is not an easy task. Making the right decisions while buying or selling a house is crucial. Experts at Modi Builders consider teaming up with an agent a better option for grabbing the right home or for selling your home to the right person. Statistics show that around 50 per cent people are satisfied with the information provided by agents.

4. Home staging a key to sell:

Home staging plays a major role in drawing the interest of the buyers. It makes a big difference in the buyer’s ability to see the potential of a house. Experts say that a well-staged house increases the value that buyers willingly pay. Staged homes make it easier for buyers to visualize their lifestyle in them. Most often, buyers overlook the faults, if the best features of a house are highlighted.

5. Go Online:

In India, one of the most preferred medium for buying or selling a house is Internet. Considered the second-largest online market across the world, the country accounts for over 462 million internet users. Out of these, around 20 million people surf the internet every month for buying a house. Statistics show that nearly 53 per cent of the total real estate transactions are influenced by the internet, in India.

The Hyderabad-based realtors, Modi Builders are recognized for their luxurious properties available at affordable prices. With years of experience, they deeply understand the Indian real estate sector and its dynamics.

9

Feb

Coping up from a slump that largely affected the India’s real estate sector, Cities like Hyderabad, Mumbai, Goa etc., are set to pace up. Also, the latest boom in the affordable hosing sector is a strong validating factor. “Although, new home launches across the country dropped by 10 per cent during the fourth quarter of 2017, but these cities recorded a surging growth rate of over 100 per cent,” Modi Builders review.

Hyderabad property market seems promising, says C Shekhar Reddy, erstwhile national President, Credai. “Sales boomed during the last quarter. Considering the number of bookings, it’s taking the sector by storm.”

Developers say that the property buyers are happy taking possession of property well in advance. Stock inventory, mostly western part of Hyderabad is good. Ongoing projects are lining up rapidly.

There are multiple factors that have influenced the property sales in month after month, in these cities. So, each quarter has variations in trend. Annual statistics give out a clear status. Some delays generally occur in several forms. For instance, getting government approvals also cause delay in the project implementation. Recession after boom gave valuable experiences to our builders, developers and bankers. Builders take care of not blocking money avoiding interest burden,” adds Reddy.

Sounding positive about the Goa real estate, Vivek Agarwal, Co-founder and Principal Partner, Squareyards.com said ,”Goa makes a compelling real estate bet with sound infrastructure and good economic environment. Real estate prices in Goa range from Rs 4500 p.s.f. to Rs 6500 p.s.f. Most of the properties are within this price range. But the prices change across areas and category of houses. A row house villa would approximately cost Rs 2-3 crore.”

Modi Builders review these cities as excellent investment destination for buyers looking for a spacious home at affordable prices. At present these locations have become investment hotspots too. NRIs have shown keen interest in the Indian real estate sector.

Rajeeb Dash, AVP Sales & Marketing Tata Housing Development Company Limited says, “In the recent years, India’s real estate market has seen a significant change in the choice of residence purchase.”

“The growing class of affluent, NRIs are increasingly investing here mainly due to the desire to stay close to nature. It has become one of the prime destinations for people from congested cities seeking homes that offer them the much needed space to unwind and pull away from rumble of metros,” Dash adds.

Now it will be interesting to see how the property rates will tick higher with the rapidly growing demand for housing in these cities.

Modi Builders found that year 2016 and 2017 were event-filled for the Indian real estate sector. The Indian government initiated various policies to promote transparency in real estate and create affordable housing in the country. Policies like Real Estate Regulatory Act (RERA), Real Estate Investment Act (REITs) and Benami Transaction Act took off well from commencement. Goods and Services Tax (GST) and Demonetization also began to reflect a positive outcome gradually.

For a market full of consumers, RERA is likely to create adequate affordable housing in various cities across the country. The government policies are modifying Indian realty in favor of both the investors and developers. It is being predicted that the effect of these policies will remain positive in the long run.

Considered the most desirable when it comes to owning a house, Delhi and Mumbai have been attracting the most investments from buyers and sellers for the past few years. However, statistics suggest that the new policies might change this trend in 2018. Moreover, cities like Hyderabad, Pune, and Bengaluru will experience fast growth in real estate sales.

Modi Builders, a leading realty group, says that 2018 will witness a surge in the purchase of villas in Hyderabad. Their experts anticipated that while the residential rentals in the city will remain stable, office rentals will flourish in 2018. Luxury villas in Hyderabad, with sprawling lawns and ample parking spaces will be in great demand.

Year 2017 has been one of the most difficult years for the residential market of India, facing various challenges due to the policy changes. Yet, due to the lower price base, capital values in Hyderabad grew at a comparatively faster rate.

Statistics show that net commercial space consumption in Hyderabad was around 32 million square feet last year. With a consistent growth in real estate for the past few years, Hyderabad will be one of the seven major cities of India to reach 600 million square feet of total office stock by December 2019.

In the last one year, there have been a lot of queries from buyers who are keen on buying flats for sale in Hyderabad. This year too, the trend will continue, where millennials will invest in housing spaces that have a good value for money.

On account of affordability and improved infrastructure developments, the suburbs of Hyderabad are also rising as the most coveted housing markets in the city. Offering the villas for Sale in Secunderabad, Modi Builders are making significant contributions to this revolution.

As a result of the policy changes, the investment in the residential market of India is expected to be steady in 2018. With this development, industrial experts from Modi Builders Group foresee a dynamic growth in the sales of villas in Hyderabad.

5

Jan

The Indian government has been introducing various policies in the recent few quarters. Modi Builders Review that a proper mechanism is necessary to address the issues of the real estate sector of India.

The rapid urbanization has been leading to the growth in India’s real estate sector. The sector is the second largest employer in the country, after agriculture. However, several unreliable developers also exist in the market. Most of them miss the mark in timely deliveries of their projects. Moreover, they have been overcharging the buyers and exploiting them.

The Modi government has been taking keen initiatives to change the scenario of the Indian realty market. They have implemented various major policies, with an aim of creating transparency in the real estate. The Real Estate Regulatory Act (RERA), Benami Transactions Act and Real Estate Investment Trusts (REITs) are some major policies that brought a visible change in the sector.

Modi Builders has reviewed that the steps taken by the government are of value to both the investors and the developers. It believes that the new acts will create a market for the consumers and will knock out the inappropriate constructors. Modi Builders Group is a leading construction company of Hyderabad. It is serving quality and honesty to their consumers since establishment.

The new regulations are designed to promote timely completion of projects and to maintain the steadiness, by regulating the sale in real estate sector. According to Modi Builders Group, these regulations are likely to create affordable housing for the buyers. It is anticipating that the middle-class will be able to buy houses at reasonable prices.

Goods and Service Tax (GST), and Demonetization have been other major regulations that impacted the home buyers, builders and property agents. The Indian government has been putting the efforts to enhance transparency and bring greater accountability in the realty sector.

The Hyderabad-based realtors expect that the new regulations will bring a positive change.

14

Nov

The returns on commercial real estate property even through fractional investment are huge. Modi Builders, one of the leading real estate companies, have reviewed that 3,00,000 units of commercial real estate properties are sold only in top six cities of Bengaluru, Mumbai, NCR, Chennai, Pune and Hyderabad every year. Taking a cue from this scenario, realty experts at Modi Builders have developed several commercial properties, including sterling Villas in Hyderabad, loaded with several modern amenities.

But how is commercial real estate investment better than other investment options? Let’s analyze the returns from various sectors.

Returns from cash, equity and fixed deposits:

Even though there is a lot of risk associated with equity investments, it is still the winner. The investors are compensated by almost double the returns of fixed deposits. This is significant, given that inflation averaged above 5-6% during this period rendering real returns from fixed deposits close to zero.

Fixed deposits:

According to Modi Builders review, stock markets have the highest risk and return percentage, whereas fixed deposits have the lowest risk and deposits. In stock market, one can lose half of the capital in a single day, while as in case of FD, the principal is always safe.

Returns from debt funds:

An investor can look at debt mutual funds to get good returns from FDs. The returns can vary between 9-11 per cent depending upon the mix of securities. However getting 18-20 per cent returns are very tough here. This is the reason investor with good market knowledge are likely to invest mainly in long lasting commercial projects, like apartments and villas in Hyderabad and other cities by Modi Builders.

Commercial property:

Commercial property has different characteristics. It is in between fixed deposits and equity with a lower risk and good possibility of amazing returns. The commercial property investors get 7-8 per cent monthly rental, which increases every year and a share of capital appreciation of property.

One can minimize the downside risk if the choice is made correctly. Commercial property investment can give returns anywhere between 15-25% per year with 8%. The annual rent escalation and lower tax regime make it a better investment option.

An individual has to pay 33 per cent tax on fixed deposit interest, but the rent is taxed at 21 per cent only. The capital gains from property are also taxed at 20 per cent only.

After doing a thorough market research, one can conclude that investing in commercial property is far more beneficial than investing in other sectors. Having several luxury villas for sale in Hyderabad and other cities, investing with Modi Builders can be a right choice, especially for first-time investors.